Tag: Horse Racing
Maryland preempts Churchill Downs for Preakness, buys the IP rights for $85M
On June 19, the state of Maryland exercised an $85 million right of first refusal for the intellectual-property rights to the Preakness and... more
Wall Street Bets: Preakness Stakes, New Jersey gaming
Jefferies David Katz wrote about Maryland acquiring IP to Preakness Stakes on June 21: “The State of Maryland has elected to exercise its... more
Nevada strengthens oversight and penalties for horse-race doping violations
Nevada has strengthened its regulatory oversight of the horse-racing industry, imposing increased penalties after two trainers were... more
Laurel Park waited 114 years for the Preakness. It may be a farewell as much as a debut
LAUREL, Md. (AP) — The crowds that once packed Laurel Park dressed in their best to watch champions like Secretariat and Seabiscuit have... more
Kentucky Derby is a 20-horse puzzle – no clear favorite and plenty of contenders
LOUISVILLE, Ky. (AP) — The chaos at the start of the Kentucky Derby sometimes decides the most exciting two minutes in sports in a matter... more
Ohio: Northfield Park Casino unveils new brand identity, adds video lottery terminals
Northfield Park Racino in Ohio has unveiled a new brand identity reinforcing a commitment to delivering a gaming experience with a wide... more
Churchill Downs posts record net revenue of $663 million for first quarter of 2026
Churchill Downs Wednesday reported record net revenue of $663 million for the first quarter of 2026, up $20 million, or 3% year-over-year.... more
Churchill Downs set to acquire Preakness Stakes intellectual property
The second leg of the Triple Crown races is about to undergo seismic change. Churchill Downs on Tuesday entered into a definitive agreement... more
Kentucky Derby fixture steps away: Mike Battaglia retires as oddsmaker
LOUISVILLE, Ky. (AP) — Mike Battaglia, who set the morning-line odds for every Kentucky Derby since 1974, is retiring ahead of next month’s... more
Nevada horse racing dissemination that dates back to Bugsy Siegel eliminated Jan. 1
Horse racing in Nevada is about to get more profitable for casinos. A change in state law and new regulations that go into effect Jan. 1... more
